BSC News

PinkSale Introduces KYC Doxx Badge to Improve Safety

The PinkSale KYC Doxx badge encourages projects to unveil their identity to their community on video while protecting investors.

PinkSale Encourages Project Owners to Reveal Their IDs

Crypto launchpad PinkSale has committed to offering users a more secure Decentralized Finance (DeFi) environment after adding a new feature -- KYC Doxx Badge.

The KYC Doxx badge is the latest implementation by the DeFi launchpad aimed at encouraging project owners to put their identity behind their projects. Utilizing the feature allows for greater verification and encourages a KYC (Know Your Customer) mentality. Most importantly, it will improve the security of investors, the team told BSC News.

Pinksale KYC Badge
Users can filter by KYC Badge on the Launchpad list | Source
'This new verification of KYC within our ecosystem is a step forward in ensuring the safety of investors within the DeFi space," the team said..

The badge shows that projects have put their identity on the launchpad through KYC and is displayed each time projects perform the required task for KYC verification.

"This badge is a first of its kind in DeFi and encourages projects/project owners to KYC and Doxx to their community on video," the team said.

The multichain launchpad aims to provide investors with a safe environment to commit their funds. The new development comes after the protocol partnered with ApeSwap for more security on BNB Chain. While the crypto space is vulnerable to scams, the DeFi platform is doing what it can to protect users.

How to Obtain KYC Doxx Badge

Project owners looking to receive the KYC Doxx badge on PinkSale need to perform the following tasks:

  • Complete KYC with PinkSale.
  • Upload a video AMA on YouTube and share it with your community (through Telegram or Discord). The video must remain public.
  • The community link must be displayed, and people must ask questions in the video.
  • Send your YouTube video to PinkSale via your private support group.
  • The PinkSale staff will verify and match both the KYC and YouTube videos.
  • If you are successful, the protocol will add the KYC Doxx badge to your project.
  • The Doxx Badge is FREE.

What Is PinkSale:

PinkSale is a decentralized launchpad that allows users to launch their tokens and create initial token sales. Token developers require no coding knowledge to design their own tokens on the platform. Further, PinkSale offers other features such as LP locking, Decentralized Exchange (DEX), and more.

Where to find PinkSale:

Website | Twitter | Telegram

How would you rate this article?

Related News